FB START ACCELERATOR AT NG_HUB FOR STARTUP TEAMS AND STUDENTS IN NIGERIA

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Application Deadline: June 29 at 11:59pm

 

The FbStart Accelerator at NG_HUB is a deep-tech focused accelerator program for visionary and innovative teams using advanced technologies to solve problems in our society and build solutions for the future. The research and mentorship-driven program would focus on providing teams with technical & business support and funding needed to optimize their product for growth. It is designed for startup and student teams building solutions that utilize any of these technologies; Artificial Intelligence, Data Science, Internet of Things, Augmented Reality (AR) and Virtual Reality (VR).

Available Programs

The onsite component of the accelerator: This is tailored for startup teams who would be physically present at NG_HUB

Virtual acceleration program: For student team; it enables them to work out of partner hubs.

NG_HUB, from Facebook and in partnership with CcHUB, is a deep-tech focused innovation lab for entrepreneurs, students, researchers, technologists and other stakeholders building solutions with advanced technologies.

Duration: 6 months

 

Onsite Accelerator: Startup Teams

Benefits

Startups that are accepted into the program will receive the following:

  • Equity-free funding: Startup teams would get $20,000 in equity-free funding.
  • Hands-on support: Product development, business strategy & structure, financial management and investment readiness.
  • Access to technical experts and business mentors from the Facebook and CcHUB network
  • An office space with high-speed internet, meeting rooms & more.

Eligibility Criteria:

To be eligible for the program, startups must meet the following criteria:

  • Have a functional product leveraging one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
  • Have gained some users/customers.
  • Have a technical lead and founder (s) that are fully committed to the business.
  • Have the potential to disrupt or greatly enhance their focus industries.

 

Virtual Accelerator: Student Teams

Benefits

Student teams that are accepted into the program will receive the following:

  • Equity-free funding: BSc. students – $5,000. MSc. students – $10,000 PhD. students – $15,000
  • Hands-on support: Product development, Business strategy & Structure, and Investment readiness.
  • Access to technical experts and business mentors from the Facebook and CcHUB’s network
  • Possible access to office space and high-speed internet at partner hubs.
  • A flexible program designed with consideration to your academic obligations.

For more information, click here.

 

Eligibility Criteria:

To be eligible for the program, student teams must meet the following criteria:

  • Be a BSc., MSc. or Ph.D. student in a Nigerian higher institution as at July 2018.
  • Have an idea, research or product that would leverage one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
  • Have a technical lead and founder (s) that are fully committed to the business.

Application:

Click here to apply

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